Purchase of Own Securities

Irish Continental Group PLC
30 October 2003





                            IRISH CONTINENTAL GROUP

                          STOCK EXCHANGE ANNOUNCEMENT



Purchase of Own Shares

Irish Continental Group announces that it has made a purchase of its own Shares
on the market as follows;

Date of Transaction : 29 October 2003

Number of Shares : 100,000 (one hundred thousand) ICG Units representing 0.42%
of the previously issued shares

Price : The price paid was €9.92 per unit



These shares will be held as treasury shares

                                    ___________________________

30 October 2003


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